Susana Martinez on Technology

Protect Spaceport New Mexico from lawsuit abuse

We must protect the public investments we've made, such as Spaceport New Mexico. Taxpayers have already spent more than $209 million on this venture. But now, we risk losing this investment. The states competing with us for Spaceport business have passed
a bill protecting companies from lawsuit abuse. Because we didn't pass this, XCOR Aerospace chose to locate in Texas, over New Mexico. Again, it's about competition. Let's protect our investment in Spaceport and pass lawsuit abuse reform this session.

Source: 2013 State of the State address to N.M. Legislature
, Jan 15, 2013

Tax credit for high-tech R&D

I'm proposing a tax credit for high-tech research and development to attract more high-paying jobs to the state. And this year, it's time for us to stop the double and triple taxation that is crippling our construction and manufacturing industries. This
is often called pyramiding--a business-to-business tax that kills jobs in New Mexico. Because of our tax system, it's cheaper for a N.M. company to hire an out-of-state corporation for services rather than hiring an in-state firm. It makes no sense.